Understanding the Market | AUX ELECTRIC rises over 6% again, board approves three-year dividend payout plan, company’s domestic sales remain stable

AUX ELECTRIC rose over 6% again, as of the time of writing, it increased by 5.78%, trading at HKD 15.93, with a transaction volume of HKD 38.0327 million. In terms of news, AUX ELECTRIC announced that its board of directors has approved a dividend distribution plan, under which the company will declare and pay dividends to shareholders for the three fiscal years ending December 31, 2025, 2026, and 2027. According to the dividend distribution plan, depending on market conditions at the time and the final approval of the board of directors at the relevant time, the company will maintain the declaration and payment of dividends for the three fiscal years ending December 31, 2025, 2026, and 2027. The annual dividend will not be less than 75% of the net profit attributable to the owners of the company for the relevant fiscal year. Huatai Securities issued a research report stating that AUX ELECTRIC is the fifth largest air conditioning provider globally and the fourth largest in China, with its air conditioning business covering more than 150 countries and regions worldwide. The company mainly focuses on household air conditioners and central air conditioning, covering different price segments with its main brand AUX and three sub-brands: ShinFlow, HuaSuan, and Aufit. The company's domestic sales remain robust, while exports are rapidly growing under the dual drive of ODM and OBM. Its manufacturing efficiency and cost control capabilities are leading, and the long-term growth potential of the company is promising